Settings8H · net · $10k
Funding arb · Price arb /

ARGUS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.3758%/8h= −411.5% APRnext payment $18.79 per $10,000 · paid last 24h −0.043%
Price spread now: edgeX against BingX+0.003%7-day average +0.502% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−1.221%−$122 on $10k
Price spread, last 4 days (all we have)+1.406%+$141 · spread now +0.003%, 7d avg +0.502%
Together, before fees+0.185%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$113 a day on $10k at the current rate, and edgeX is 0.499% cheaper against BingX than usual: you would sell low and buy high (−$50 if the spread goes back to its 7-day average of +0.502%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -1.221% in total (about -91.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $18.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ARGUS-USDT0.016760.3800pay 0.1900% / 4h3h 27m$1.0M
ShortedgeX ARGUSUSDC0.016760.0042get 0.0021% / 4h3h 27m$5K$159K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$789.23
Price spread: +0.003% → +0.502%
−$49.9
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$858.13
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 2 min ago; edgeX: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago17.85 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 24 min ago54.58 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ARGUS on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ARGUSUSDCshort+0.0042%4h0.01676+0.003%$5K$159K3x
Aster ARGUSUSDT+0.0100%1h0.01672−0.239%$39K$54K5xas long as short
Gate ARGUS_USDT+0.0100%4h0.01680+0.239%$158K$210K10xas long as short
BingX ARGUS-USDTlong+0.3800%4h0.01676long leg$1.0M
MEXC ARGUS_USDT+0.4000%4h0.01684+0.477%$26K$88K20xas long as short